NOT LISTED FOR SALE

7751 Ocean Dr Unit F Avalon, NJ 08202

Estimated Value: $901,000

2 Beds
1 Bath
725 Sq Ft
0.25 Acres

Last Sold August 24, 2018

Last sale price $430,000 $593 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $5,148/month

35 Days on Market

Highlights

  • Property near a bay
  • Island Location
  • Wood Flooring
  • Avalon Elementary School Rated A
  • Cathedral Ceiling
  • 4-minute walk to Avalon Playground

About This Home

As of August 2018

See Associated Docs for Condo Documents, Master Deed, Seller's Disclosure, Lead Based Paint Disclosure, Property Improvements, Expenses & Exclusion List.

Last Agent to Sell the Property

Patricia K. DiMarco

Coldwell Banker James C Otton Real Estate Listed on: 06/09/2018

Co-Listed By

Patricia Jackson

Coldwell Banker James C Otton Real Estate License #8933907

Last Buyer's Agent

Holly C. Rennie, CRS,GRI,RSPS

FERGUSON-DECHERT, INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,663

Year Built

  • Built in 1975

Lot Details

  • 0.25

Interior Spaces

  • 725 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Blinds
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Property near a bay
  • Island Location

Listing and Financial Details

  • Legal Lot and Block 11,13 / 77.04

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,663

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner, Island
  • District Township: 01-Avalon Borough
  • Also Includes: Blinds, Furniture, Other (See Remarks)
  • Estimated Year Built: 1975
  • Bay Proximity: 1 Block
  • Beach Proximity: 2 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets
  • Second Address Number: 7751
  • Listing Office2: 60
  • Price per Sq Ft: 593.1
  • Selling Agent1: 191
  • Selling Office1: 29
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1975

Interior Features

  • Appliances Included: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 2
  • Estimated Living Sq Ft: 725
  • Other Rooms: Living Room, Kitchen, Dining Area, Laundry/Utility Room

Garage/Parking

  • Parking: 1 Car, Assigned Parking, Black Top Driveway

Utilities

  • Cooling: Central Air, Other
  • Heating: Electric, Forced Air, Heat Pump, Multi-Zoned
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Unit: F
  • Common Area Features: Deck/Porch, Cable TV
  • Condo Fees: $1500 x 2
  • Unit Features: Hardwood Floors, Cathedral Ceiling
  • Unit Location: Corner

Lot Info

  • Lot Number: 11,13
  • Total Assessment: 479000
  • Zoning: R-1B

Tax Info

  • Taxes: 2663.24
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 24, 2018
Sold by
Brown J Joseph Jr Est
Bought by
Kelly Mark and Kelly Tracy
Seller's Agent
Patricia K. DiMarco
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Holly C. Rennie, CRS,GRI,RSPS
FERGUSON-DECHERT, INC
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Current Estimated Value
$901,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,000
Avg. Annual Appreciation
11.15%
Original Mortgage
$230,000
Outstanding Balance
$200,574
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$700,426

Purchase Details

Closed on
Apr 12, 2001

Purchase Details

Closed on
Dec 30, 1991
Sold by
Cummings James William and Cummings Francine
Bought by
Tauber Detlev J and Tauber Kathleen A

Purchase Details

Closed on
Sep 18, 1988
Sold by
Centofanti Centofanti S and Centofanti Irene
Bought by
Cummings James and Cummings Francine
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelly Mark $430,000 --
-- -- --
Tauber Detlev J $107,500 --
Cummings James $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Mark $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2018 08/24/18 Sold $430,000 -2.3% $593 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $440,000 -- $607 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,864 $466,400 $385,000 $81,400
2024 $2,864 $466,400 $385,000 $81,400
2023 $2,840 $466,400 $385,000 $81,400
2022 $2,649 $466,400 $385,000 $81,400
2021 $2,551 $466,400 $385,000 $81,400
2020 $2,453 $466,400 $385,000 $81,400
2019 $2,379 $466,400 $385,000 $81,400
2018 $2,276 $466,400 $385,000 $81,400
2017 $2,663 $479,000 $402,700 $76,300
2016 $2,635 $479,000 $402,700 $76,300
2015 $2,591 $479,000 $402,700 $76,300
2014 $2,563 $479,000 $402,700 $76,300
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2018

    Patricia K. DiMarco

    Coldwell Banker James C Otton Real Estate

  • P

    Seller Co-Listing Agent in 2018

    Patricia Jackson

    Coldwell Banker James C Otton Real Estate

    (609) 368-4770

    1 in this area

    4 Total Sales

    Patricia Jackson
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Map

Source: Cape May County Association of REALTORS®

MLS Number: 182404

Cape May County Association of REALTORS®

APN: 01-00077-04-00011-0000-CF

New Jersey Cape May County Avalon 08202

7751 Ocean Dr Unit F, Avalon, NJ

This home is located at 7751 Ocean Dr Unit F, Avalon, NJ 08202 since 09 June 2018 and is currently estimated at $901,000, approximately $1,242 per square foot. This property was built in 1975. 7751 Ocean Dr Unit F is a home located in Cape May County with nearby schools including Avalon Elementary School.

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